[title element=’h2′ color=’fff700′]China show blog : Siam Canadian to report bumper 2014 : Nov 5, 2014[/title]
Thursday, Nov. 5, 12.49 pm C.S.T.
Despite the ongoing Asian shrimp crisis, Bangkok-headquartered Siam Canadian is expecting to report its “biggest year in dollar terms,” Jim Gulkin, the firm’s managing director, said.
The group is expecting to report a turnover of more than $300 million for the full year, he said.
Geographical diversification and the ability to shift sourcing quickly is key to the growth, Gulkin told IntraFish.
Shrimp now accounts for about 70 percent of the company’s sales, compared to 90 percent from some years ago.
“But shrimp is still our main business,” he said.